Regulating Networks in the New Economy
AbstractThe regulation of network industries has undergone profound transformation in the past twenty years. The regulated industry is no longer the same, being exposed to new competitive dynamics having revolutionized their industrial framework, technology and interactions with users. There also have been fundamental changes in what regulation is feasible. In an “information society” a model devised in the 19th century to set prices for monopoly infrastructures such as bridges, roads and railways no longer captures the essential: the interactive dynamics created by technologies, uses, and markets.
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Bibliographic InfoPaper provided by European University Institute in its series RSCAS Working Papers with number 2009/05.
Date of creation: 02 Feb 2009
Date of revision:
Regulatory economics; network industries; utilities regulation; information society;
Other versions of this item:
- L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
- L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
- L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-03-07 (All new papers)
- NEP-ENE-2009-03-07 (Energy Economics)
- NEP-ICT-2009-03-07 (Information & Communication Technologies)
- NEP-NET-2009-03-07 (Network Economics)
- NEP-REG-2009-03-07 (Regulation)
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